Reddit co-founder Alexis Ohanian addressed the New Mexico State Investment Council (SIC) via Zoom as trustees approved $320m in private equity commitments across five funds. Ohanian’s venture capital firm, 776, secured a $30m investment for its early-stage technology...
American Axle & Manufacturing struck a $1.44bn cash-and-shares deal to acquire Dowlais Group, further shrinking the number of companies listed on the London Stock Exchange. The acquisition offers a 25% premium on Dowlais’ latest closing price and a 45% premium on...
Sustainability-focused direct lender Colesco raised over €800m in its first platform close, with APG and Rabobank joining as cornerstone investors. The Luxembourg-based platform is dedicated to financing sustainable ventures and aims to allocate at least 50% of its...
ArchiMed exited its investment in Diesse through a sale to private equity firm Fremman Capital, generating a 4.6x return for shareholders. The transaction concludes a five-year partnership in which ArchiMed helped transform Diesse into a leading clinical diagnostics...
Ares Management Credit Funds and Carlyle Inc. have committed €800m in preferred equity to Your.World, a European leader in online solutions, supporting its expansion and acquisition strategy. Founded in 2016 by Strikwerda Investments, Your.World specializes in web...